If you're selling on platforms other than Amazon, it's crucial to understand your sales tax obligations.

The top consideration for most Amazon sellers when forming a business entity is minimizing income taxes. Most sellers form a single-member LLC. Sometimes it makes sense to elect to be taxed as an S corporation.

Expanding your business to new markets can be an exciting prospect for any online seller. With the popularity of e-commerce platforms like Amazon, it's natural to consider selling on multiple Amazon marketplaces.

S corporations are a popular form of business entity in the United States due to their flexibility and tax advantages. However, certain rules and regulations must be followed in order to maintain this tax status, particularly with respect to loans to shareholders.

I wanted to cover this topic because there seems to be a good deal of confusion of over the different types of taxes and what you should concern yourself with as a seller. The types of taxes can be broken down on two broad levels - state and federal taxes.

Do you need to collect sales tax as an Amazon Seller? It depends on 2 factors: 1) the state you operate your business in and 2) whether or not you sell on other platforms.

I’ve put together a list of everything you’ll need to pull together for your CPA to prepare your income tax return.

Part of starting your Amazon Seller business is choosing the business entity type that best meets your needs.

It’s tax time so I should start looking for a CPA to prepare my taxes right? Wrong. The fact is that a CPA can prepare your taxes at that point, but if you haven’t kept up with your books for the prior year, it could cost you a lot more.

The key to building a successful Amazon FBA/MFA business is to find profitable products that customers want to buy and sell them.

Setting up such a system is well within reach, but each seller has different nuances that have to be accounted for to ensure a set that meets their needs.

My number one piece of advice is NOT to use financing if you don't have to. If you have cash to invest in your business and can avoid using debt or equity financing, stick to cash

Determining what is acceptable from an ad spend cost is based on the ROI (return on investment) that you wish to achieve for your product. Generally the higher the ROI you want to achieve, the lower the ACOS you'll want to aim for.